Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Irish-owned retail chain group Musgrave has announced 102 redundancies at the Superquinn head office in Lucan, Dublin, phased over the next 18 months.
Musgrave announced that the redundancies are part of a restructuring strategy that will involve rebranding of all 24 Superquinn stores under the SuperValu name. It is understood that the redundancies will most likely affect the HR, finance and marketing functions in Superquinn head office. According to the group’s Chief Executive the planned redundancies will be on a compulsory and voluntary basis.
The renaming of existing Superquinn stores to that of SuperValu, will occur from February 2014.
Eurofound (2013), Superquinn, Internal restructuring in Ireland, factsheet number 75755, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/75755.